Payroll PAYG Tax rates July 2020

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Payroll PAYG Tax rates July 2020

 
I have upgraded to MYOB 2020.2.23.9038 but Tax Table Revision date still showing as 1/7/2019
Is that because there are NO changes to tax rates for 2020-21 year
 
 
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Re: Payroll PAYG Tax rates July 2020

Hi @bamma 

 

With AccountRight 2020.2 onwards, tax tables are automatically updated. 

So on the 01/07 that value will be updated and AccountRight 2020.2 will show 01/07/2020 and use those new tax tables going forward.

Kind regards,
Steven

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Re: Payroll PAYG Tax rates July 2020

My Tax tables are still showing as 1/7/19?

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Re: Payroll PAYG Tax rates July 2020

Hi @TWalton

 

Thank you for your post. The Tax table revision date automatically updates as soon as you select the Pay Period for the employees, when you click next it will be updated on the right hand side of the Process payroll window

 

I've attached a screenshot;

image.png

 

Please do let us know if you have any further questions. 

Cheers,
Melisa

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Re: Payroll PAYG Tax rates July 2020

yes thank you for that

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